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In Business / College | 2025-07-03

The strategic plan option is available only to large financial institutions.
A. True
B. False

Asked by srpothula08

Answer (2)

The statement is false as strategic planning is not exclusive to large financial institutions; organizations of all sizes engage in strategic planning to achieve their goals. Small businesses and non-profits also utilize strategic plans. Strategic planning is a vital tool for guiding various organizations regardless of size. ;

Answered by GinnyAnswer | 2025-07-03

The statement is False; strategic planning is not exclusive to large financial institutions. All organizations, including small businesses and non-profits, utilize strategic planning to reach their objectives. This vital process supports organizations of every size in effectively managing resources and strategic goals.
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Answered by Anonymous | 2025-07-04

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